APG Asset Management N.V. Has $12.51 Million Stock Holdings in United Dominion Realty Trust, Inc. $UDR

Key Points

• APG Asset Management N.V. has reduced its stake in United Dominion Realty Trust, Inc. by 7.3%, now holding approximately 0.09% of the company worth $12.5 million after selling 23,600 shares.
• Several institutional investors have increased their holdings in United Dominion Realty Trust, with notable boosts from firms like Stifel Financial Corp (up 10%) and Susquehanna International Group LLP (up 125.9%).
• Recent analyst ratings show a consensus hold on the stock, with a target price decrease from various firms, now averaging $45.23 per share, down from previous estimates.

APG Asset Management N.V. cut its holdings in United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 7.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 299,200 shares of the real estate investment trust's stock after selling 23,600 shares during the period. APG Asset Management N.V. owned 0.09% of United Dominion Realty Trust worth $12,511,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Teachers Retirement System of The State of Kentucky increased its stake in United Dominion Realty Trust by 4.5% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 23,191 shares of the real estate investment trust's stock valued at $1,048,000 after acquiring an additional 989 shares during the period. Yousif Capital Management LLC increased its stake in United Dominion Realty Trust by 35.1% during the first quarter. Yousif Capital Management LLC now owns 65,707 shares of the real estate investment trust's stock valued at $2,968,000 after acquiring an additional 17,061 shares during the period. Amalgamated Bank increased its stake in United Dominion Realty Trust by 1.6% during the first quarter. Amalgamated Bank now owns 59,947 shares of the real estate investment trust's stock valued at $2,708,000 after acquiring an additional 936 shares during the period. Kentucky Retirement Systems Insurance Trust Fund bought a new position in United Dominion Realty Trust during the first quarter valued at about $431,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in United Dominion Realty Trust by 7.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 11,581 shares of the real estate investment trust's stock valued at $523,000 after acquiring an additional 842 shares during the period. 97.82% of the stock is currently owned by institutional investors.

United Dominion Realty Trust Price Performance

Shares of UDR traded up $0.60 on Friday, hitting $39.60. The company's stock had a trading volume of 2,551,720 shares, compared to its average volume of 1,952,593. The company has a market capitalization of $13.12 billion, a PE ratio of 104.20, a PEG ratio of 9.91 and a beta of 0.88. The company has a debt-to-equity ratio of 1.76, a current ratio of 5.22 and a quick ratio of 5.22. United Dominion Realty Trust, Inc. has a fifty-two week low of $36.61 and a fifty-two week high of $47.55. The company has a 50 day moving average price of $39.74 and a 200 day moving average price of $41.37.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 EPS for the quarter, topping the consensus estimate of $0.62 by $0.02. The business had revenue of $423.00 million for the quarter, compared to the consensus estimate of $422.64 million. United Dominion Realty Trust had a return on equity of 4.11% and a net margin of 7.81%.United Dominion Realty Trust's revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.62 EPS. United Dominion Realty Trust has set its Q3 2025 guidance at 0.620-0.640 EPS. FY 2025 guidance at 2.490-2.550 EPS. On average, research analysts anticipate that United Dominion Realty Trust, Inc. will post 2.51 earnings per share for the current fiscal year.

United Dominion Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, July 10th. This represents a $1.72 annualized dividend and a yield of 4.3%. United Dominion Realty Trust's dividend payout ratio is currently 452.63%.

Analysts Set New Price Targets

UDR has been the topic of several research reports. Wall Street Zen lowered United Dominion Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Truist Financial lowered their price objective on United Dominion Realty Trust from $46.00 to $43.00 and set a "hold" rating on the stock in a research note on Tuesday, August 26th. Evercore ISI lowered their price objective on United Dominion Realty Trust from $45.00 to $44.00 and set an "outperform" rating on the stock in a research note on Tuesday, August 12th. Scotiabank lowered their price objective on United Dominion Realty Trust from $51.00 to $48.00 and set a "sector perform" rating on the stock in a research note on Friday, June 13th. Finally, Barclays lowered their price objective on United Dominion Realty Trust from $51.00 to $48.00 and set an "overweight" rating on the stock in a research note on Tuesday, August 12th. Six analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $44.83.

United Dominion Realty Trust Company Profile

UDR, Inc NYSE: UDR, an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S.